ICAI Former President: Winning Strategy' has been laid out before students

October, 25th 2010

For the students aspiring to reach greater positions in life and to achieve success in life, a Winning Strategy' has been laid out before them by the past president of the Institute of Chartered Accountants of India (ICAI) T. N. Manoharan.

Addressing a huge gathering of youngsters, particularly the Chartered Accountancy students, at the Thiagarajar College here on Sunday, he said that it is very much essential for them to possess three I's and three P's.

Three I' attributes- Interest, Intelligence and Involvement- are important. Their strategy for success should also have three P's- Planning, Preparation and Practice. If they have these attributes, success is certainly theirs, Mr. Manoharan, who received the Padma Shri Award in April this year, said.

The Madurai Branch of the Southern India Regional Council of the ICAI has organised a CA awareness programme' and a lecture on Winning Strategy for CA Examination' by Mr. Manoharan. C. Kamaraj, Collector, who was the chief guest, distributed medals/certificates to meritorious students who came out with flying colours in the CA examinations.

Empower yourself with linguistic, technological, professional and managerial skills over a period of time. The potential of Indian youth has already been proved to the world and don't get bogged down by hurdles or failures. Always be positive and think that defeat is only a postponement of victory, Mr. Manoharan said.

Motivating the students further, he exhorted that people from smaller towns should not to have inferiority complex as they are in no way inferior to those in cities. Intelligence plus hard work is definite success. There is a misnomer that passing CA exams is difficult. That is wrong.

One need not be extraordinarily brilliant to pass Chartered Accountancy examinations, Mr. Manoharan, a Government nominated Director for the revival of IT company Satyam Computers, said. Mr. Kamaraj said that CA was a lucrative career and there was no dearth of jobs.

Uma Kannan, Secretary, Thiagarajar College, said that CA was an important profession and chartered accountants were the link between industry, trade and the Government. Accounting is the language of business and there are innumerable job opportunities for youngsters.

At the same time, it is essential for the practising CAs to have ethics and follow corporate governance rules. The Department of Commerce in Thiagarajar College is having a tie-up with ICAI, Ms.Kannan said. T.Thavamani, Chairman, Madurai Branch of ICAI, S. Subramanian, Principal, Thiagarajar College, and K. Kamala Thiyagarajan, Head of Commerce Department, Thiagarajar College, were among those present.